Vulcan Offers $2 Parking In South Lake Union

Let’s put another feather in South Lake Union’s cap. In a recent press release, Paul Allen’s Vulcan Real Estate announced that four garages in the growing and uber-popular neighborhood will offer $2 parking on weeknights and weekends. I think the announcement is brilliant and if I were a business owner in the busteling neighborhood a thank you note would be in the mail for Mr. Allen.

South Lake Union seems to be hitting its stride. It is fixing its traffic issues, adding thousands of jobs, restaurants and becoming more pedestrian friendly. On the opposite end of the spectrum, just last year the city of Seattle raised their parking rates in key areas of downtown that need growth (Pioneer Square, Financial District, West-Edge). In the past, we clearly disagreed with Mayor Mcginn and the Seattle City Council on this issue.

Meanwhile, in the press release regarding Vulcan’s $2 dollar rate, the company said “For folks coming to South Lake Union for extended visits to shop, dine and stroll, Vulcan Real Estate is working to make their visits as easy and affordable as possible…”

The rate is available starting at 5 p.m. on weeknights and all day on Saturday and Sunday. The rate is good until the garages close for the night:

Keep in mind that visitors would pay between $8 and $12 to park for four hours under normal rates. I like what Vulcan is doing in South Lake Union. From what I hear from readers, owners and tenants, they like living in the neighborhood as well.